500 Lire Summer Olympics 1988, Italy

Circular design composed of two female gymnasts, the five Olympic circles and two olive branches, with a Korean decoration in center. Date and mintmark are at sides, and the value at the bottom.

Maria Carmela Colaneri

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The face of a woman with oriental features merges with the Olympic torch, whose flame has the shape of a dragon. Next to the torch, at right is the big Star of the Republic Star. Engraver's name below

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Lettering in relief